AQUALIN: what changed
Two fiscal years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
AQUALIN
Largest movements
- Cash +€25,723
up €25,723 (+82.7%), from €31,111 to €56,834
mainly Trade debts (+€13,570) and Other debts (+€10,743)
- Tangible fixed assets -€1,798
down €1,798 (-18.6%), from €9,687 to €7,890
of which Plant, machinery and equipment: -€3,462
- Trade debts +€13,570
up €13,570 (+215.8%), from €6,289 to €19,859
- Other debts +€10,743
up €10,743 (+15.3%), from €70,363 to €81,106
- Turnover -€8,306
down €8,306 (-6.7%), from €123,503 to €115,197
- Purchases and services -€6,379
down €6,379 (-5.3%), from €120,011 to €113,631
- Gross operating margin -€1,926
down €1,926 (-55.2%), from €3,493 to €1,566
- Financial income +€1,857
up €1,857 (+882.2%), from €211 to €2,068
of which Non-recurring financial income: +€2,000
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €51,989 | €76,399 | +€24,410 | +47.0% |
| Fixed assets | 21/28 | €9,687 | €7,890 | -€1,798 | -18.6% |
| Tangible fixed assets | 22/27 | €9,687 | €7,890 | -€1,798 | -18.6% |
| Plant, machinery and equipment | 23 | €9,687 | €6,225 | -€3,462 | -35.7% |
| Furniture and vehicles | 24 | - | €1,664 | +€1,664 | |
| Current assets | 29/58 | €42,302 | €68,510 | +€26,208 | +62.0% |
| Amounts receivable within one year | 40/41 | €11,191 | €11,676 | +€485 | +4.3% |
| Trade receivables | 40 | €5,223 | €7,841 | +€2,618 | +50.1% |
| Other amounts receivable | 41 | €5,967 | €3,835 | -€2,132 | -35.7% |
| Cash at bank and in hand | 54/58 | €31,111 | €56,834 | +€25,723 | +82.7% |
| Total equity and liabilities | 10/49 | €51,989 | €76,399 | +€24,410 | +47.0% |
| Equity | 10/15 | -€27,793 | -€27,049 | +€743 | +2.7% |
| Contributions | 10/11 | €19,197 | €19,197 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€46,990 | -€46,246 | +€743 | +1.6% |
| Amounts payable | 17/49 | €79,782 | €103,448 | +€23,667 | +29.7% |
| Amounts payable within one year | 42/48 | €79,782 | €103,448 | +€23,667 | +29.7% |
| Financial debts | 43 | €3,130 | €2,484 | -€646 | -20.7% |
| Credit institutions | 430/8 | €3,130 | €2,484 | -€646 | -20.7% |
| Trade debts | 44 | €6,289 | €19,859 | +€13,570 | +215.8% |
| Suppliers | 440/4 | €6,289 | €19,859 | +€13,570 | +215.8% |
| Other amounts payable | 47/48 | €70,363 | €81,106 | +€10,743 | +15.3% |
| Turnover | 70 | €123,503 | €115,197 | -€8,306 | -6.7% |
| Goods, raw materials, services and sundry goods | 60/61 | €120,011 | €113,631 | -€6,379 | -5.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,441 | €1,798 | +€357 | +24.8% |
| Other operating charges | 640/8 | €833 | €986 | +€153 | +18.4% |
| Gross operating margin | 9900 | €3,493 | €1,566 | -€1,926 | -55.2% |
| Operating profit (loss) | 9901 | €1,219 | -€1,217 | -€2,436 | |
| Financial income | 75/76B | €211 | €2,068 | +€1,857 | +882.2% |
| Recurring financial income | 75 | €211 | €68 | -€143 | -67.8% |
| Non-recurring financial income | 76B | - | €2,000 | +€2,000 | |
| Financial charges | 65/66B | €96 | €46 | -€50 | -52.4% |
| Recurring financial charges | 65 | €96 | €46 | -€50 | -52.4% |
| Profit (loss) for the period before taxes | 9903 | €1,334 | €805 | -€529 | -39.6% |
| Income taxes | 67/77 | - | €62 | +€62 | |
| Profit (loss) for the period | 9904 | €1,334 | €743 | -€590 | -44.3% |
| Profit (loss) for the period to be appropriated | 9905 | €1,334 | €743 | -€590 | -44.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.